China has called for stronger global cooperation on artificial intelligence (AI), just days after the United States announced a plan to reduce regulations in the field. Speaking at the World Artificial Intelligence Conference (WAIC) in Shanghai, Chinese Premier Li Qiang said countries need to work together to manage the rapid growth of AI while also keeping it safe.
Li described AI as a new engine for economic growth but warned that its development comes with serious risks. He said the world must find a balance between progress and security. According to him, there needs to be a global agreement on how to guide and control AI technology.
This statement came shortly after the U.S. President Donald Trump introduced a low-regulation strategy meant to help the U.S. lead in AI. Trump’s plan included an executive order targeting what he called “woke” AI models, a move that has stirred debate about responsible AI development.
In contrast, Li called for open-source development, where AI technology is freely shared, especially with developing countries. He also proposed setting up a global organization to guide cooperation between countries in AI. Li did not mention the U.S. by name but warned that AI could become something only powerful countries and companies control. He also pointed out that current limits on AI chips and worker exchange are slowing down development.
The three-day AI conference comes at a time when tensions between China and the U.S. are high, especially over technology. The U.S. has banned exports of advanced AI chips to China, fearing the technology could help China’s military.
Meanwhile, concerns about AI are growing worldwide. People worry about job losses, misinformation, and the possibility of losing control over powerful AI systems. One recent study even warned that news websites could lose up to 80% of their traffic because AI tools now summarize content, keeping users from clicking on full stories.
The WAIC featured many speakers, including Geoffrey Hinton, known as the “godfather of AI,” and former Google CEO Eric Schmidt. Elon Musk, who often attends, did not speak this year. The event mostly showcased Chinese tech firms like Huawei, Alibaba, and Unitree, though companies like Tesla, Amazon, and Alphabet were also present.
As AI continues to expand into nearly every industry, global leaders face the tough task of making sure its growth helps everyone, not just a few powerful players. Individual companies, such as D-Wave Quantum Inc. (NYSE: QBTS) also have a role to play in ensuring that as they design novel AI products and solutions, they consider any possible risks arising from those technologies before going to market.
NOTE TO INVESTORS: The latest news and updates relating to D-Wave Quantum Inc. (NYSE: QBTS) are available in the company’s newsroom at https://ibn.fm/QBTS
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